Bill Tatro Predicts Dow 3500. Walker Todd on How Do We Get Out of This Mess?
May 29, 2012
Hosted by Jay Taylor
[Download MP3s: Hour 1: Bill Tatro Predicts Dow 3500. Walker Todd on How Do We Get Out of This Mess? Hour 2: Bill Tatro Predicts Dow 3500. Walker Todd on How Do We Get Out of This Mess?] [itunes] [Bookmark Episode]
Bill Tatro and Walker Todd are first time guests. Tatro will explain the dynamics of Irving Fisher’s debt deflation model and how policy makers have gotten the world into this depression. More importantly, he has a recipe for not only protecting the wealth you have but for using the knowledge of what is to come to profit from it as the Dow heads from its current 13,000 to 13,500 range toward his predicted target of 3,500 by 2016. Walker Todd, a former Cleveland Federal Reserve economist and attorney, will answer a question that Jim Sinclair did not answer when I posed it to him at the latest CMRE. That question is, how do you get the banking system to expand and get the economy to grow again when pumping money into the banking system is analogous to “pushing on a string.” In addition, your editor will update you on his views of the markets at this point in time.
Turning Hard Times into Good Times
Tuesday at 12 Noon Pacific Time on VoiceAmerica Business Channel
Jay Taylor’s show will explain the real underlying causes for plunging stock prices, plunging home prices and growing unemployment. By correctly diagnosing the cause of America’s economic decline, rather than listening to excuses from Wall Street and Washington, Jay will offer winning investment ideas to protect and increase wealth.
Topics to be discussed will include the cause of the decline of: our monetary system and our economy, the housing markets, the equity markets, and commodities, Why gold and silver are rising in value and how investors can profit from the direction of these markets through specific stocks, ETF’s and precious metals will also be discussed. Turning Hard Times into Good Times is broadcast live every Tuesday at 12 Noon Pacific Time on the VoiceAmerica Business Channel.
Jay Taylor has been able to more than double his newsletter’s model portfolio from 2000 to the present even as the S&P 500 was in the process of losing 50% of its value!
The insights provided to Jay came from a history professor in 1967 who advised Jay that when countries go off a gold or silver standard, hard economic times are sure to follow because nations begin to think they do not need to work hard and save to enjoy a better life. Indeed there is no free lunch and a gold standard reminds people of that every day.
Jay watched his professor’s prophetic words come true when in 1971, President Nixon completely detached the dollar from gold. Not surprising to Jay, the price of gold skyrocketed in the late 1970s as inflation wiped out vast amounts of wealth from average Americans. To protect his own wealth Jay began to invest in gold and gold mining shares and in 1981 he began sharing his success and insights in his newsletter. In 1981 Jay began writing a subscription newsletter that has earned his subscribers countless thousands of dollars over the years.
Jay’s insights as to the real cause of our problems has enabled him to find investment strategies that work. Diagnose a problem correctly and you have a chance for success. Diagnose a problem incorrectly as the establishment does and you are sure to fail.